Pluxee: raises FY growth target
(CercleFinance.com) - Pluxee has raised its organic sales growth target for FY 2024 to around +18%, compared with +15% to +17% previously, and is maintaining its target of a recurring EBITDA margin of at least 35%, including standalone costs.
Q3 total sales amounted to E297m, representing organic growth of 17.9%, partly offset by a currency effect of -4.1%, mainly due to hyperinflation in Turkey.
For its core employee benefits business, the former Sodexo division announced total issued sales of E4.6bn, up 10% organically, underpinned by an increase in the net retention rate and solid business development.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Q3 total sales amounted to E297m, representing organic growth of 17.9%, partly offset by a currency effect of -4.1%, mainly due to hyperinflation in Turkey.
For its core employee benefits business, the former Sodexo division announced total issued sales of E4.6bn, up 10% organically, underpinned by an increase in the net retention rate and solid business development.
Copyright (c) 2024 CercleFinance.com. All rights reserved.